AUTODESK COMPLETES ACQUISITION OF OPTICORE AB.Autodesk, Inc. (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADSK ADSK Autodesk, Inc. (NASDAQ stock symbol) ), San Rafael San Rafael (săn rəfĕl`), residential city (1990 pop. 48,404), seat of Marin co., W Calif., a suburb of San Francisco on the northern shore of San Francisco Bay; inc. 1913. has completed the acquisition of technology and product assets of Opticore, a wholly-owned subsidiary of Design Communication, based in Gothenburg, Sweden. On June 18, 2007, Autodesk announced an agreement to purchase the assets of Opticore, a premier software provider of advanced technology used to produce highly interactive and realistic 3D digital product visualizations Product Visualization involves visualization software technology for the viewing and manipulation of 3D models, technical drawing and other related documentation of manufactured components and large assemblies of products. It is a key part of Product Lifecycle Management. and presentations. The acquisition delivers upon the company's strategy to drive mass adoption of 3D among customers in key industries such as automotive and consumer products, by continually enhancing the depth and breadth of its Digital Prototyping Digital Prototyping is a word that has been used in the MCAD space for more than a decade. It reimerged around 2007 and has became a discussion topic with trade media and industry analysts.
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Autodesk plans to invest in the continued development and support of Opticore technology. By adding Opticore's deep visualization expertise and technology to the company's strong solutions set, Autodesk will be able to deliver a more comprehensive and powerful design visualization offering through the Autodesk Showcase and Opticore product lines. Autodesk Showcase offers outstanding ease of use and dramatically simplifies the process of preparing data and scenes for design presentations and reviews. Opticore products offer high-end visualization capabilities, Real-time Raytracing along with diverse environments and materials. With both product lines, Autodesk is able to offer the industry's most compelling visualization solution available today as well as a scalable solution that anticipates the needs of a designer or modeler through to the high-end requirements of a visualization specialist.
"We are pleased to welcome the world-class Opticore team and add their high-end visualization technology to our already advanced solutions," said Robert "Buzz" Kross, senior vice president of Autodesk Manufacturing Solutions. "Autodesk is committed to providing the industry's most complete Digital Prototyping solution that allows our customers to experience superior business results by reducing the need for physical prototypes, shortening development cycles and increasing communications between their designers, managers and customers."
World-class companies who use Opticore technology include major automotive manufacturers around the world as well as large manufacturers. Automotive clients include: AUDI AUDI [not an acronym] Latin form of a German auto manufacturer's founder's name, meaning 'listen'
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FAW Fire At Will , Brilliance Auto, Tata Motor, Mahindra & Mahindra, Bajaj Auto Bajaj Auto is a major Indian automobile manufacturer. It is India's largest and the world's 4th largest two- and three-wheeler maker. It is based in Pune, Maharashtra, with plants in Waluj near Aurangabad, Akurdi and Chakan, near Pune. , Honda, Nissan and Mitsubishi. Consumer product and transportation customers include: Canon Inc, Philips Consumer, Nokia Mobile, Electrolux and Bombardier Trains. Almost 50 companies throughout Asia including all major automotive manufacturers in Japan also use Opticore technology.
Autodesk, Inc. is the world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation.
For more information, visit http://www.autodesk.com or call 416/874-8841.